Vialet (Via Payments UAB) is partnering with Contiant, an open banking platform, to provide clients with an enhanced payment experience and streamlined integration. This collaboration combines Vialet‘s flexible API and webhook solutions with Contiant‘s open banking capabilities. Together, Vialet and Contiant aim to improve payment processing for igaming and online casino businesses.
Benefits for Clients
This partnership offers several benefits to Vialet‘s clients:
Seamless Integration: Clients can efficiently manage customer deposits and business payments by combining Vialet‘s flexible API/webhook solutions and Contiant‘s open banking. The integration also streamlines reconciliation by providing an accurate view of transactions, which makes tracking and managing financial data easier.
Enhanced Payment Experience: Clients can offer secure payment acceptance and real-time updates on all payments. Customers will experience fewer delays, better tracking, and a hassle-free payment process.
What is Open Banking?
Open Banking is a system where financial institutions and banks open their databases through APIs, or application programming interfaces. This creates an environment in which third-party developers can build and innovate new services and applications. Open banking enables different financial systems and services to work together seamlessly. Increased transparency, real-time data, and secure access to financial products transform the customer experience.
Open Banking for iGaming and Online Casino Businesses
Open banking can revolutionize payment services, creating an ecosystem where banks, fintech companies, and third-party developers collaborate to promote transparency and innovation. Open banking allows businesses to access real-time data and customize offers based on insightful data, which ultimately benefits consumers. Open banking acquiring streamlines the payment process and reduces the need for traditional cards.
Open Banking for eCommerce Businesses
For eCommerce businesses, open banking introduces faster and more secure payment processing, reducing reliance on traditional payment methods like credit cards. By leveraging open banking solutions, merchants can benefit from instant payment settlements, and reduced fraud risks through secure authentication. Additionally, real-time access to customer financial data allows eCommerce businesses to offer personalized payment options and financing solutions, enhancing the overall customer shopping experience.
Open Banking for P2P Platforms
Peer-to-peer (P2P) platforms can significantly benefit from open banking by facilitating seamless and instant fund transfers between users. Open banking enables P2P platforms to verify user accounts securely and provide real-time payment updates. Moreover, the integration of open banking ensures enhanced security and compliance with financial regulations, making P2P transactions more trustworthy and efficient for users.
About Contiant
Contiant is a modern platform for Open Banking that constantly innovates and sets new standards while keeping pace with changes in the world of payments. Businesses can adapt and grow easily using Contiant, which offers interoperability, collaboration, and strong security. Contiant‘s open banking services give businesses real-time access to financial data, which leads to more strategic decisions.
About Vialet
Vialet is an electronic money institution offering tailored business accounts and a payment platform that allows for SEPA, SEPA Instant, SWIFT payments and local payment options. Vialet also provides multi-currency payments, virtual corporate cards, mass payouts via API, and B2B API connections. Vialet is licensed and regulated by the Bank of Lithuania where the company’s headquarters are located. Vialet emphasizes speed, ease of use, personalized support, robust security, and transparent fees.
